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28.02 - 17:21
SEC’s plan to force PE firms to open their books on costs, conflicts and valuations faces industry pushback
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fnlondon.comThe Securities and Exchange Commission’s plan to ban a range of controversial activities by private-fund managers marks a major change in the agency’s approach and likely will face industry challenges, experts say.
It may also reflect a view held by some within the agency that its current approach to policing the buyout industry needs to change.
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